TAMPA, Fla. – Today, U.S. Rep. Kathy Castor (FL-14) released the following statement on President Donald Trump’s shocking misunderstanding of tariffs:

“The President doesn’t seem to understand the economic squeeze families and small business owners are grappling with – and now his costly tariff scheme will make life more expensive for everyone.

“It’s a real kick in the teeth for Tampa Bay neighbors rebuilding from the hurricanes, as the cost of lumber and drywall will surge. The price of groceries, clothing, and cars will skyrocket under Trump’s taxes on everyday Americans. 

“It’s painful, unwise, and it could throw America into a recession. 

“Tampa Bay area businesses, particularly those involved in imports and exports at Port Tampa Bay, should brace for higher costs and volatile supply chains.

“Instead of imposing costly tariffs, Trump should be working with partners and allies in a bipartisan way to lower costs. Yet, everything he has done since his inauguration has driven up the cost of living and taken a hatchet to retirement accounts and savings.”